The Hamptons, a ritzy beach area in New York, has seen a big drop in luxury home sales. In 2024, the top 10 sales brought in $327 million, way down from $511 million in 2023. What's behind this slump? Experts say it might be due to high prices and not enough upgrades in these old mansions. Celebriti
Imagine racing against time on two wheels, delivering food to hungry customers. This is the daily grind for bicycle messengers in the online food delivery sector. These workers are usually hired on an as-needed basis, and their relationship with employers is mostly online. They often find themselves
Pilatus Aircraft, a Swiss company known for its innovative planes, started out in the 1940s fixing Swiss Air Force jets. By the late 1950s, their first big hit was the PC-6 Porter, a short-takeoff aircraft. In the 1980s, they invented the PC-12, a turboprop that could land anywhere. Customers loved
Ever wondered how Jordan's telecom sector is thriving? It's not just about fancy tech – it's about treating employees right. This study dives into how good talent management can make both workers and companies shine. It's all about creating a supportive work environment, something called Organizatio
2024 wasn't a great year for many restaurant chains. With consumers cutting back on dining out due to inflation, sales took a hit. This led to some big names shutting down underperforming locations. Wendy's, for instance, closed 140 restaurants by the end of the year. Their CEO, Kirk Tanner, said th
2024 was a big year for the stock market, with tech giants like Nvidia leading the way. But tech wasn't the only sector making waves. Companies outside of tech had some impressive performances too. Let's take a look at some of the standout non-tech stocks of the year. Vistra, a Texas-based power co
As the year 2025 approaches, business owners, economists, and researchers are preparing for potential changes in economic policies under a new administration in Washington. The economy has been a hot topic during the recent election campaign, with the Biden Administration's handling of the COVID-19
Imagine running a small business and suddenly losing a powerful tool like TikTok. That’s what millions of small business owners might face if a TikTok ban happens. Desiree Hill from Crown’s Corner Mechanic in Georgia knows this worry all too well. She started as a mobile mechanic and grew her busine
Did you know that Nils Rosdahl has been covering local business news in the Coeur d’Alene area for over four decades? That's right, 44 years! His column, "Business Bits, ” which appears every Sunday, has been a trusted source for business updates and growth stories. People like Kandi Johnson, who wo
In 2024, the small town of Plainfield saw some significant shakeups, mainly in the business scene. The year kicked off with a wave of restaurant closures, leaving locals wondering what was next. But fear not, because the town also welcomed new businesses to fill the void. One of the biggest headlin
